Market Report - US Close

US close: Stocks lower following December PCE reading

By Iain Gilbert

Date: Friday 31 Jan 2025

(Sharecast News) - Wall Street stocks closed lower on Friday despite a slightly better-than-expected US consumption reading.
At the close, the Dow Jones Industrial Average was down 0.75% at 44,544.66, while the S&P 500 lost 0.50% to 6,040.53, and the Nasdaq Composite was 0.28% weaker at 19,627.44.

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